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Gold/Mining/Energy : Zentek Ltd - ZEN
ZEN.V 1.550+6.9%Apr 11 4:00 PM EDT

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To: Packfan1941 who wrote (14531)6/26/2022 12:43:44 PM
From: Bentonstocks6 Recommendations   of 18564
 
I would say they are only in the black 'on paper'... They still have to cover, and at what average price will they be able to do that? I think they have pushed it down as low as they can absolutely get it hoping they get enough 'room' and volume on the price rebound to cover with some black or at least even. However, I also think they have grossly underestimated this company, and also its shareholders, and the danger for them is that any really good news could make things rather difficult :-) In any case, when we do get such news, the fact they have to cover I believe will only serve to throw rocket fuel on the fire and should give us a nice little boost back to where we should be.
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